Progressives have abandoned the working class and embraced the oligarchs.
The Western world is experiencing the most dramatic political realignment since the rise of socialism over a century ago. The driving force then was the rise of the working class, created by the Industrial Revolution. Today, it is the shift to an economy dominated by information industries, technology, finance and media. This new economic order, just like that which arose a century ago, is creating a highly disruptive political dynamic and a shift in historic class allegiances.
